What is amcs share price after the repurchase if its


AMC Corporation currently has an enterprise value (EV) of $ 360 million and $ 110 million in excess cash. The firm has 30 million shares outstanding and no debt. Suppose AMC uses its excess cash to repurchase shares. After the share repurchase, news will come out that will change AMC's enterprise value to either $ 560 million or $ 160 million. What is AMC's share price after the repurchase if its enterprise value goes up? What is AMC's share price after the repurchase if its enterprise value declines?

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Financial Management: What is amcs share price after the repurchase if its
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